Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Argentine Peso/Euro (FOREX:ARSEUR)
Countertrend Down (-85) - ARSEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ARSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSEUR
The long-term trend has been DOWN since Apr 19th, 2017 at 0.06066500
The intermediate-term trend has been DOWN since Feb 3rd, 2020 at 0.01494849
The short-term trend has been UP since Mar 31st, 2020 at 0.01419787
Smart Scan Analysis for ARSEUR
Based on our trend formula, ARSEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).